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I'm with everyone else, but I'll go a step further in finding a way to reduce fees.

Set up your Roth at Scottrade. Buy your Vanguard fund through them. This is a no fee IRA. As long as you hold the fund for more than 90 days you will incur no transaction fee. Plus if you become more adventurous you can buy individual stocks there as well. There are a wealth of fund families at Scottrade other than Vanguard.

Don't let these people take your heard earned and harder saved money. They have no right to it. Those fees can eat up a huge chunk of your return. They come out if the fund does well or not. Higher fees do NOT equal a higher return.

Before you do anything I think you need to do more research for yourself. Your average CFP working at a finance company is there to sell you something not to help. Get the money into the IRA and park it in a money market until you have a better feel for exactly what you want to do. A lot of people reccomend reading Mutual Funds for Dummies. I'd also reccomend taking a look at the discussion boards on They know their stuff over there.

On TMF I'd suggest taking a look at the Retire Early Homepage board. They know their stuff there too.

I suggest you take the time and do some reading. You can do just as good a job managing your finances as a "expert" can.

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